Avangrid

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Avangrid reports robust Q4 earnings, eyes growth amid challenges

Avangrid's Q4 2022 earnings call highlighted strong financial performance, strategic investments in clean energy, and positive outlook for 2023. Challenges in Networks earnings and ongoing negotiations pose potential impacts on future financial results.

Avangrid reports solid Q1 results, affirms 2023 earnings outlook

Avangrid's Q1 performance driven by strategic initiatives in networks and renewables, affirming outlook for 2023 earnings.
Balancing challenges of higher costs and pending rate cases with opportunities in project advancements and financial sustainability.
Maintaining focus on trust, collaboration, and growth prospects, with a commitment to executing value creation in regulated and renewables businesses.
Confidence in achieving targets, managing costs, and capturing growth opportunities through planned investments in renewable energy expansion.

Avangrid meets Q2 expectations, focuses on sustainability and growth

Avangrid's Q2 performance met expectations, with a strong focus on sustainability and growth initiatives.
The company faces challenges in navigating rate cases, mergers, and strategic asset management.
Opportunities in renewable energy projects, transmission investments, and talent development can drive future success.
Overall, Avangrid's commitment to financial stability, renewable energy, and stakeholder value creation positions it for long-term growth.

Avangrid reports solid Q3 earnings, focuses on growth opportunities

Avangrid's Q3 performance showed solid financial results, progress on key projects, and recognition for sustainability efforts. While facing challenges with wind project terminations and CFO resignation, the company is focused on leveraging opportunities for growth and enhancing compliance. Avangrid's strategic focus on sustainability, project development, and financial metrics remains strong.

Avangrid reports robust Q4 earnings, eyes growth in renewables

Avangrid's Q4 2023 performance reflects strong financial results and strategic investments in renewables, positioning the company for future growth.
While facing challenges such as legal matters and strategic decisions, Avangrid's commitment to operational efficiency and growth opportunities remains strong.
With a clear focus on financial stability, dividend policy, and long-term growth prospects, Avangrid is poised for continued success in the energy sector.

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ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its fourth quarter & full year 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can access using the following link: www.avangrid.com. In conjunction with the earnings release, Avangrid will conduct a webcast conference call with financial analysts on Thursday, February 22, 2024, beginning at 9:00 A.M. ET. Avangrid's Executive team will present an overview of the fina.

Avangrid Fourth Quarter & Full Year 2023 Financial Results Available on Company's Website

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking.

Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced Midland Wind has achieved commercial operation. The 106 MW wind farm located in Henry County is the company's fourth wind farm in Illinois, bringing total capacity in the state to more than 600 MW. “We are proud to have achieved this milestone with Midland Wind, which is now operational and delivering power,” said Pedro Azagra, Avangrid CEO. “Our f.

Avangrid's Fourth Wind Farm in Illinois Achieves Commercial Operation

AVANGRID???s (AGR) fourth-quarter 2023 results are expected to benefit from the implementation of a new electric rate and increased production.

AVANGRID (AGR) to Report Q4 Earnings: Here's What to Expect

BINGHAMTON, N.Y.--(BUSINESS WIRE)--New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) subsidiaries of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced their best reliability in five years. Delivering energy safely and reliably to their 1.9 million customers is the top priority for NYSEG and RG&E. As the electric and gas infrastructure in Upstate New York ages, the Companies invest in the grid.

Avangrid Subsidiaries NYSEG and RG&E Deliver Best Reliability in Five Years

Avangrid (AGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avangrid (AGR) Reports Next Week: Wall Street Expects Earnings Growth

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the.

Avangrid and Amazon Expand U.S. Partnership with 98.4 MW Wind Project in Oregon

ORANGE, Conn.--(BUSINESS WIRE)-- #ArtificialIntelligence--Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence.

Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking.

ICYMI: Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has delivered and installed both Main Power Transformers at its True North solar project, marking a major milestone for the company's first solar farm in Texas. Module and racking system installation also continues to progress on site as overall project construction remains on schedule. “We are thrilled to see construction at True North pro.

True North Solar Project Achieves Construction Milestone with Delivery of Main Power Transformers

ORANGE, Conn.--(BUSINESS WIRE)-- #AmericasMostJUSTCompanies--Avangrid Ranks First Among Utilities on 2024 JUST 100.

Avangrid Ranks First Among Utilities on 2024 JUST 100

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ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study.

Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study

ORANGE, Conn.--(BUSINESS WIRE)-- #Lineworkers--Avangrid Partners with SUNY Broome Community College to Launch New Lineworker Training Program.

Avangrid Partners with SUNY Broome Community College to Launch New Lineworker Training Program

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) will be releasing its fourth quarter & full year 2023 financial results on Wednesday, February 21, 2024, after the market closes in a news release to be posted to the Investors' section of the company's website at www.avangrid.com/wps/portal/avangrid/Investors. The company will issue an advisory news release over Business Wire the evening of February 21st, which will include a link to the financial results news release on the company.

Avangrid Schedules Fourth Quarter & Full Year 2023 Earnings Release and Conference Call & Announces 2024 Investor Day

AVANGRID (AGR) launches its first onshore wind project in Oklahoma with 147.5 MW capacity. This will help deliver clean, renewable wind power to Pontotoc County.

AVANGRID (AGR) Initiates First Onshore Wind Project in Oklahoma

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced its first renewable energy project in Oklahoma. Pontotoc Wind, a 147.5 MW wind farm with 33 turbines, powering 40,000 homes, will be constructed in Pontotoc County, Oklahoma and expand Avangrid's presence in the U.S. to 25 states. “We are thrilled to be developing our first renewable energy project in Oklahoma, that will deliver clean, renewable, w.

Avangrid Announces First Onshore Wind Project in Oklahoma, Will Expand Company's U.S. Footprint to 25 states

ORANGE, Conn.--(BUSINESS WIRE)-- #AvangridFoundation--Avangrid Foundation Provides More Than $2.8 Million in Grants in 2023.

Avangrid Foundation Provides More Than $2.8 Million in Grants in 2023

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid's Early Career Programs Named in Top 50 in the United States by RippleMatch.

Avangrid's Early Career Programs Named in Top 50 in the United States by RippleMatch

ORANGE, Conn.--(BUSINESS WIRE)-- #GivingBack--Avangrid Employees Volunteer More Than 23,000 Hours in 2023.

Avangrid Employees Volunteer More Than 23,000 Hours in 2023

AVANGRID (AGR) terminates its previously announced merger agreement with PNM Resources on its failure to receive all regulatory approvals.

AVANGRID (AGR) Scraps $4.3B Merge Deal, Focuses on Renewables

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, at 11:52PM on Tuesday, January 2, 2024, one turbine delivered approximately five megawatts of power, with.

Avangrid, CIP Announce First Power from Nation-Leading Vineyard Wind 1 Project

PNM Resources

Avangrid, the US division of Spanish energy company Iberdrola, announced on Tuesday it has terminated an agreement to acquire New Mexico-based electricity provider PNM Resources after the companies failed to win New Mexico regulatory approval.   The agreement, first announced in October 2020, would have given PNM an $8.3 billion enterprise value and created the third largest US renewables company with operations in 24 states.

Avangrid ends $8B deal to acquire PNM Resources; cites regulatory hurdle

PNM Resources Inc.'s stock PNM, -0.07% was down by 7.8% in premarket trading on Tuesday after Avangrid Inc. AGR, -1.10% said it would not complete a 2020 deal to buy PNM for $4.2 billion. Avangrid, which is majority-owned by Spain's Iberdrola SA IBE, -0.21%, said it was unable to obtain all final regulatory approvals by Dec. 31 and so it terminated the deal.

PNM's stock drops in premarket after Iberdrola's Avangrid terminates $4.3B merger

Iberdrola SA

Iberdrola's U.S. unit Avangrid Inc terminated its $8.3 billion deal, including debt, for rival PNM Resources as it could not get all necessary regulatory approvals to close by Dec. 31, the U.S. power utility said in a statement on Tuesday.

News for Avangrid Stock (AGR)